TMCnet News

SunGard Availability Services Records Strong First-Half Growth in New Customers [Global Data Point]
[September 10, 2013]

SunGard Availability Services Records Strong First-Half Growth in New Customers [Global Data Point]


(Global Data Point Via Acquire Media NewsEdge) SunGard Availability Services, a leading provider of information availability and disaster recovery services, marked a robust first half of the year and posted strong growth in a key revenue measure and in new business. The solid performance reflects several new IT services and products and the trust that SunGard Availability Services maintains as a technology partner.



In the first six months of 2013, SunGard Availability Services recorded the following year-over-year growth in North America: 30 percent rise in new customer average monthly recurring revenue.

20 percent growth in new enterprise business.


31 percent increase in the number of existing customers acquiring additional IT services and products.

Several notable new companies joined the customer ranks of the privately held SunGard Availability Services in the first half. They included The Aldo Group, New Process Steel and Serco Group PLC. For Serco (LSE: SRP), the company's largest customer to date, SunGard Availability Services will assume responsibility for its United Kingdom IT Infrastructure and undertake a technology transformation for Serco and its customers as they move to a virtualized, managed hosted model.

"Our understanding of the flexibility that customers need today has been the center point of this partnership, setting Serco and us up for success," said Keith Tilley, who was recently promoted to executive vice president, EMEA and APAC, SunGard Availability Services. In his new role, Tilley will focus on the growth of Managed Services, Cloud and Recovery Services business in these emerging markets.

Revenue, Customer Growth In North America, a hefty 51 percent year-over-year climb in new and existing customer bookings for the Cloud business set the pace for SunGard Availability Services. And in the most recent second quarter, the Recovery Services line of business secured its largest Managed Recovery Program contract for the first half of 2013.

Additionally, Recovery Services registered a 145 percent year-over-year increase in the sales of its Recover2Cloud® offerings among new and existing North American customers. Recover2Cloud is an availability service that addresses enterprises' pressing need to manage replication and rapidly recover large-scale virtualized environments.

"We're committed to meeting customers' needs in today's ever-changing market. Offerings such as Recover2Cloud let us marry our recovery services prowess with the benefits that cloud computing offers," said Michael de la Torre, vice president of product management, SunGard Availability Services.

IT Solution Launches Recent IT product and service introductions contributed to the first-half rise in customers. On May 31, the company made AssuranceCM, a continuity management Software-as-a-Service, generally available. SunGard Availability Services partnered with more than 100 customers to create the software, which reduces user pain points linked to operational resiliency and compliance.

In June, SunGard Availability Services unveiled support for virtualized environments for its SunGard Managed Oracle Services. This offering alleviates application migration pain points for Managed Services customers and builds on the company's existing cloud service offerings. They include Recover2Cloud for SRM, Enterprise Cloud Services, SAP Cloud Services, Managed Vaulting for Avamar and Managed Vaulting for NetApp.

"Not only have these new IT solutions sparked strong growth for us, they position SunGard Availability Services for a strong rest of the year," said Andy Stern, CEO, SunGard Availability Services. "In addition to new solutions, our successes lie in improved processes and tools, investment in our infrastructure and our dedication to bringing the right people to bear to deliver the best results for our customers." For additional information on SunGard Availability Services, please visit http://www.sungardas.com.

(c) 2013 Global Data Point. All Rights Reserved. Provided by Syndigate.info an Albawaba.com company

[ Back To TMCnet.com's Homepage ]